J_C_Penney narrows its Q2 loss to $172 million beats expectations (Video) - Dallas Business Journal

Friday, August 15, 2014

J.C. Penney narrows its Q2 loss to $172 million, beats expectations (Video)
Dallas Business Journal
Gross margin was positively impacted by Penney's clearance sale performance. Inventory was reported at $2.89 billion, down 9.7 percent from the second quarter last year. “We expect to continue driving profitable sales this back to school season,” CEO ...

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